Scott Bessent, President-elect Donald Trump’s nominee for Treasury Secretary, described the world’s No. 2 economy as being in a recession, if not a depression.

WASHINGTON — U.S. Treasury nominee Scott Bessent on Thursday faced sharp questions from both Democrats and Republicans on tax ...

Bessent is seen as a stable, market-friendly choice to oversee the Trump economic agenda of tax cuts, import tariffs and a crackdown on immigration. He will also manage the nation ...

A new NPR/PBS News/Marist poll shows that Americans' support for President-elect Donald Trump's top priorities is split, despite his claims of a mandate for his agenda.

The most recent core Consumer Price Index report (which measures inflation, minus the volatile food and fuel segments), ...

"If Congress fails to act, Americans will face the largest tax increase in history a crushing 4 trillion tax hike," said Treasury nominee Scott Bessent.

High-profile tech billionaires, including Jeff Bezos, Mark Zuckerberg and Elon Musk will sit front and center at President-elect Donald Trump's inauguration.

Committees will hear from nominees hoping to lead the Treasury, Interior Housing and Urban Development departments and the ...

Bond investors are in for a bumpier ride than usual, as Treasury yields are expected to move sharply in the coming weeks on ...

The move is under discussion as the Chinese-owned app faces a Sunday deadline to find a new buyer or shut down in the United ...

Trump Treasury Secretary Pick Scott Bessent once worked with George Soros, placing trades that bet against the pound, profiting more than $1 billion when the pound fell in value.